Kuwait Oil Company (KOC) has signed a series of high-value contracts for the supply and implementation of Electrical Submersible Pumping (ESP) systems, marking a significant step in strengthening its oil production capabilities and operational efficiency.

The combined value of the contracts stands at KWD 991.92 million, equivalent to approximately USD 3.22 billion.

The contracts were awarded to a group of leading international and regional oilfield service and equipment providers, reflecting KOC’s commitment to deploying advanced artificial lift technologies across its fields.

These ESP systems are expected to play a critical role in enhancing production performance, supporting reservoir management, and contributing to Kuwait’s long-term oil output targets.

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